Skip to main content
Swing Capital

Marathon Nextgen Realty Ltd

NSE: MARATHON BSE: 503101Infra

Marathon Nextgen Realty Ltd was incorporated in 1978. It is primarily engaged in the business of construction, development and sale of commercial and residential real estate projects. The co. is entering into new areas like SEZs, townships, infrastructure development, entertainment and leisure, education, hospitality and the capital markets. [1] [2]

₹472
52W: ₹368 — ₹775
PE 18.5 · Book ₹308 · +53% vs book
Market Cap₹3,182 Cr
Stock P/E18.5Price to Earnings
ROCE15.1%Return on Capital
ROE13.3%Return on Equity
Div. Yield0.21%Face Value ₹5

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Company has delivered good profit growth of 31.6% CAGR over last 5 years

Weaknesses

  • −Earnings include an other income of Rs.174 Cr.
  • −Debtor days have increased from 30.9 to 53.0 days.
  • −Promoter holding has decreased over last 3 years: -18.1%
  • −Working capital days have increased from 367 days to 533 days

Shareholding Pattern

Promoters56.38%
FIIs5.09%
DIIs14.74%
Public23.81%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters73.63%73.63%73.63%73.63%73.63%55.93%▼17.755.93%56.38%▲0.5
FIIs0.41%3.15%▲2.72.34%▼0.82.28%▼0.10.94%▼1.36.89%▲5.95.13%▼1.85.09%▼0.0
DIIs0.8%1.61%▲0.82.47%▲0.92.43%▼0.02.31%▼0.115.59%▲13.314.4%▼1.214.74%▲0.3
Public25.18%21.62%▼3.621.57%▼0.121.67%▲0.123.12%▲1.421.6%▼1.524.55%▲2.923.81%▼0.7

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales761196076533974246322
Expenses36613044292055213511
Operating Profit4058303224191932710
OPM %52%49%50%42%45%48%25%13%44%48%
Net Profit19295324363541426128
EPS ₹3.995.5910.374.67.116.888.188.984.13

AI Insights

Revenue Trend

TTM revenue at ₹182Cr, down 24.8% YoY. OPM at 33%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 14.74% (+14.73pp change). FIIs: 5.09% (+4.85pp change). Promoters hold 56.38%.

Margin & Efficiency

ROCE improving from 9% (Mar 2014) to 15% (Mar 2025). Working capital days: 533.

Valuation

PE 18.5x with 15.1% ROCE. Price is 53% above book value of ₹308. Dividend yield: 0.21%.

Recent Announcements